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ACCOUNTS RECEIVABLE, NET | 6 Months Ended
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Jun. 30, 2025
Credit Loss [Abstract] |
ACCOUNTS RECEIVABLE, NET | 3. ACCOUNTS RECEIVABLE, NET Accounts receivable, net, consists of the following:
Schedule of accounts receivable, net |  |  |  |  |  |  |  |
|  | December 31, |  |  | June 30, |
|  | 2024 |  |  | 2025 |
|  | US$’000 |  |  | US$’000 |
Accounts receivable |  |  | 7,842 |  |  |  | 27,660 |
Allowance for credit loss |  |  | (150 | ) |  |  | (390 | )
Accounts receivable, net |  |  | 7,692 |  |  |  | 27,270 |
The movements in the allowance for credit loss for the year ended December 31, 2024 and the six-month period ended June 30, 2025 were as follows:
Schedule of allowance for expected credit losses |  |  |  |  |  |  |  |
|  | December 31, |  |  | June 30, |
|  | 2024 |  |  | 2025 |
|  | US$’000 |  |  | US$’000 |
Balance at beginning of the year/period |  |  | 500 |  |  |  | 150 |
Addition |  |  | 132 |  |  |  | 379 |
Reversal |  |  | (482 | ) |  |  | (139 | )
Balance at end of the year/period |  |  | 150 |  |  |  | 390 |
As of the end of each of the financial year/period, the aging analysis of accounts receivable, net of allowance for credit loss, based on the invoice date is as follows:
Schedule of allowance for accounts receivable and credit loss |  |  |  |  |  |  |  |
|  | December 31, |  |  | June 30, |
|  | 2024 |  |  | 2025 |
|  | US$’000 |  |  | US$’000 |
Within 30 days |  |  | 4,693 |  |  |  | 12,022 |
Between 31 and 60 days |  |  | 1,672 |  |  |  | 4,491 |
Between 61 and 90 days |  |  | 690 |  |  |  | 1,752 |
More than 90 days |  |  | 637 |  |  |  | 9,005 |
|  |  | 7,692 |  |  |  | 27,270 |

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- Definition The entire disclosure for accounts receivable, contract receivable, receivable held-for-sale, and nontrade receivable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/310/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/326/tableOfContent + Details
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Namespace Prefix: | us-gaap_
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Balance Type: | na
Period Type: | duration

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- References No definition available. + Details
Name: | us-gaap_CreditLossAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration